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That means battery prices will be coming down, right? Right?
You say that like they havent been? The price per kWh for lithium batteries has been consistently falling for over a decade. I see no reason to believe that this tech wouldn't result in further price decreases if it could be built at scale.
Lithium batteries have dropped 90% in price in the last decade.
No. For a process to have an impact to the economy at large it must either be substantially cheaper or be given enough time.